Whale 0xce8: Closes ETH Long, Opens $25.9M Short
Whale 0xce8 closed ETH long for $184K profit then opened $25.9M short; ETH price at $2020 with bearish EMA structure on 4h chart.
SourceAnalysis
Whale 0xce8 closed its ETH long locking in $184K profit before flipping into a $25.9M short with 12,838 ETH.
Price sits at $2020.08 inside Bollinger Bands with upper resistance at $2093.44 and lower support at $1960.59; the bearish EMA50 at $2067.99 and EMA200 at $2183.34 cap upside while RSI at 43.5 stays neutral and MACD golden cross at -18.88 hints at short-term relief, so ETH price prediction models now weigh whether this whale move accelerates a crypto market crash or merely pauses the grind lower.
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